Supreme Court on Alien Enemies Act and Florida wins NCAA men's title: Morning Rundown
Donald Trump shows no signs of backing down on his tariff plan.
Donald Trump shows no signs of backing down on his tariff plan. The Supreme Court clears the path for the Trump administration to deport more people under the Alien Enemies Act, with one concession. And a new NCAA men’s tournament champion is crowned.
Here’s what to know today.
After seeing wild swings in the market, Wall Street saw another day of declines as President Donald Trump’s sweeping tariffs stokes global uncertainty. The volatile trading day was fueled, in part, by a false headline claiming Trump was considering pausing the tariffs.
Meanwhile, Trump yesterday threatened China with an additional 50% tariffs by tomorrow if it didn’t rescind its retaliatory measures — a 34% tariff on all goods imported from the U.S. The White House later clarified it would mean 104% total against China. And early Tuesday, China vowed to “fight to the end” if Trump goes through with the additional tariff.
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